Optimal demand response bidding and pricing mechanism: Application for a virtual power plant

作者: Ashot Mnatsakanyan , Scott Kennedy

DOI: 10.1109/SUSTECH.2013.6617315

关键词:

摘要: Deregulation of electricity markets has enabled a flexible and efficient framework for generation companies to trade in competitive environment. coupled with environmental concerns, caused the presence more small medium scale renewable units distributed throughout grid. The variable nature energy sources lack their centralized monitoring create challenges system operation. idea aggregating resources is emerging through concept virtual power plants that improve generator controllability visibility operator. In this paper we present market enabling plant participate wholesale by offering combined services demand response. Internal external trades are introduction new structure. formulated mathematical model captures purposed interactions between participants optimizing VPP's bidding strategy day-ahead developed models maximize profit respect forecasted outputs provide optimal response pricing schemes.

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